| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to charging exorbitant or excessive prices for certain |
|
|
agricultural goods during a declared disaster. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 17.4625, Business & Commerce Code, is |
|
|
amended by adding Subsection (c) to read as follows: |
|
|
(c) For purposes of Section 17.46(b)(27), the price of a |
|
|
meat food product or a poultry product, as those terms are defined |
|
|
by Section 433.003, Health and Safety Code, or an egg, as defined by |
|
|
Section 132.001, Agriculture Code, that is sold or offered for sale |
|
|
by a grower, producer, or processor of the product or egg is not |
|
|
considered exorbitant or excessive if the price for the product or |
|
|
egg is: |
|
|
(1) a contract price; |
|
|
(2) the result of a price formula; or |
|
|
(3) based on a pricing index. |
|
|
SECTION 2. The change in law made by this Act applies only |
|
|
to an act or practice that occurs on or after the effective date of |
|
|
this Act. An act or practice that occurs before the effective date |
|
|
of this Act is governed by the law in effect on the date the act or |
|
|
practice occurred, and the former law is continued in effect for |
|
|
that purpose. |
|
|
SECTION 3. This Act takes effect September 1, 2021. |